Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
IRA authorizes request for developer interest on 6-acre Cherry Street parcel and OKs geotech, appraisal procurement
Summary
The board authorized a request for expressions of interest for part or all of a six-acre parcel at the end of Cherry Street and approved procurement of geotechnical and appraisal services, using industrial-park account funds.
The Ithaca Redevelopment Agency board authorized staff to issue a request for expressions of interest (RFEI) for part or all of a six-acre parcel at the end of Cherry Street and approved procurement of geotechnical and appraisal services to support potential dispositions.
The Economic Development Committee recommended the step after describing the site: the agency and the city together control roughly 12 acres in the area, and the IRA controls six acres at the Cherry Street dead end. The committee said two recent inquiries for parts of the parcel prompted the RFEI to gauge market interest without asking developers for a full, detailed proposal.
“Nels” (staff) described the parcel’s physical constraints and prior due diligence: past testing done when a prospective user called Emmy’s…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
